~ DmDmd2020, I've Been Thinking About That Also' ~
However Now ?, after a few additional considerations, I'm just not sure' ... the specific way that an Actual WMB Fixed Income Class 17, Holdings Screen reads, is the "dividend" distributions are to be distributed on a semi-annual basis calculated against a 360 day year' ... (30 day months X's 12 to be in line with the world clock) ...
... However, it is my opinion that ALL of the Original WMB Class 17 Tranches of Securitization, would currently be all "Cash" ... they are also listed as "non-sinking" so the distributions are not able to be drug out for up to a ten year period of paypack' ... they would need to be completed in one complete distribution' ...
... The WMB Bonds are Unlike an Original WMI Parent Corp., Performing Trust originally participated in, and also as aligned with a common share Class 22' Securitization', ... which many of them actually continue to hold numerous tranches of 30 and even 40 year fixed rate mortgages', not to mention all of the commercial lines' ...
... here's a good one for you', ... I recently researched one particular non-DB Trust, that had three tranches of Original 10 Year Option Arm Home Loans' ... This Trust should have been easily refinanced and cashed out some 5 years ago' ... however, ... as of last months distribution (always on the 25th), ... there remain 16 regular families somewhere in America', that continue to pay their original obligation' ... 13 left in one tranche, 1 in another, and 2 more in the third' ... for whatever reason, be it a poor appraisal, credit problems, job loss, family stress', etc., ? ... These 16 families, real people, continue to pay their obligation, in an effort to keep their home, ...
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